MILLENNIUM GROUP INTERNATION (MGIH)
KYG6169A1040 - Common Stock
We assign a technical rating of 10 out of 10 to MGIH. MGIH has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
MGIH is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MGIH is lagging the market.
In the last month MGIH has a been trading in the 1.34 - 6.83 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, MGIH did better than 94% of all other stocks. We also observe that the gains produced by MGIH over the past year are nicely spread over this period.
MGIH is part of the Containers & Packaging industry. There are 24 other stocks in this industry. MGIH outperforms 95% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
MGIH has an average volume of 1555890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although MGIH has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.38
2.43
We found 1 important support area.
- Support @1.39 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.8
Mansfield4.36
10 Day High6.83
10 Day Low1.34
20 Day High6.83
20 Day Low1.34
52 Week High9.57
52 Week Low0.98
Performance
1 Week66.21%
2 Weeks57.52%
1 Month57.52%
3 Month33.89%
6 Month65.07%
12 Month94.35%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.12
RSI(14)66.56
LBB0.78
UBB2.53
MILLENNIUM GROUP INTERNATION
NASDAQ:MGIH (12/27/2024, 8:00:01 PM)
After market: 2.53 +0.12 (+4.98%)2.41
-0.56 (-18.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-18.86%
1 Week66.21%
2 Weeks57.52%
1 Month57.52%
3 Month33.89%
6 Month65.07%
12 Month94.35%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%16.7%
ATR Inc2976.38%
Range Today0.73
ADR(20)0.32
ADR(20)%13.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.8
Mansfield4.36
10 Day High6.83
10 Day Low1.34
20 Day High6.83
20 Day Low1.34
52 Week High9.57
52 Week Low0.98
CS1 End1.39
CR1 StartN/A
Volume & EV
DER(3)1.19%
DER(5)-2.84%
Volume1.36M
Volume Incr71950.52%
Vol(5)15.40M
Vol(50)1.56M